Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Consumer Portfolio Services Inc (NASDAQ: CPSS) improved during the last several trading days. CPSS’ current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Consumer Portfolio Services Inc (NASDAQ: CPSS) stock closed at $8.75 on 5/1/24 after a large increase of 2.2%. NORMAL trading volume accompanied the advance. The stock has risen 2.5% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CPSS is expected to continue to be an important Value Builder.
Consumer Portfolio Services has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Consumer Portfolio Services has a very high Appreciation Score of 94 but a slightly negative Power Rating of 32, producing the Positive Value Trend Rating.
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